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Blockchain Revolution Series

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A block chain or blockchain is a permissionless distributed database that maintains a continuously-growing list of transaction records hardened against tampering and revision. It consists of blocks, holding batches of individual transactions. Each block contains a timestamp and an information linking it to a previous block. The block chain is seen as the main technical innovation of bitcoin, where it serves as the decentralized public ledger of all bitcoin transactions. This original design has been the inspiration for other cryptocurrencies and distributed databases. In this series, we cover latest development stories related to blockchain and its applications around the world.

Blockchain Revolution Series

OwlTing USA rolls out blockchain-powered traceability platform

May 22, 2018 06:38 am UTC| Digital Currency

OwlTing USA, a Chicago-based subsidiary of Taiwanese blockchain startup OwlTing, has launched a blockchain-powered traceability platform. OwlTing USA was established in 2017 to bring Ethereum-powered blockchain business...

Blockchain Revolution Series

Digital Currency Revolution

Bitcoin price can fall to zero: Vanguard chief economist

May 22, 2018 06:06 am UTC| Digital Currency

Vanguard chief economist Joseph Davis sees a decent probability that bitcoin price could fall to zero. In an ETF Industry Perspective published on etf.com, Davis shared his views on bitcoin and other cryptocurrencies ...

Blockchain Revolution Series

Tradeshift launches cloud-based blockchain payments solution

May 22, 2018 05:09 am UTC| Digital Currency

Supply chain payments company Tradeshift has announced the launch of a cloud platform which will bring supply chain payments, supply chain finance, and blockchain-based early payments together into one unified...

Blockchain Revolution Series

Digital Currency Revolution

UK’s Cryptoassets Taskforce agrees on key objectives

May 22, 2018 04:19 am UTC| Digital Currency

UKs Cryptoassets Taskforce, an initiative announced earlier this year, held its first meeting on 21 May 2018. In March, Chancellor of the Exchequer, Philip Hammond, announced the task force as part of the governments...

Blockchain Revolution Series

Cybersecurity Service Extends its Hand to the Medical Industry

May 21, 2018 12:22 pm UTC| Technology

Data breach is among the top security threats that agencies, both private and public, are constantly vigilant. And this is true for the medical industry. Records of rape victims, accidents, traumas, and a whole list of...

Blockchain Revolution Series

China Released Comprehensive Report on Blockchain Startup Growth

May 21, 2018 12:17 pm UTC| Technology

The startups surrounding the blockchain market is still exponentially growing. This shouldnt come as a surprise since the application of the technology is expansive, from the use of blockchain-based government election to...

Blockchain Revolution Series

VChain Startup to Solve Long Queues at the Airport

May 21, 2018 12:15 pm UTC| Technology

Everyone experience that day in the airport where the line has devolved into a long, tedious crawl. And security measures are usually among the culprits of these headache-inducing standstill. So what if there was a way...

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Economy

South Korea Central Bank Signals Inflation Concerns as Oil Prices Surge

South Koreas central bank is expected to place greater emphasis on inflation control after rising global oil prices triggered concerns that inflation could move above the Bank of Koreas 2% target. The warning came from...

Norway Core Inflation Hits 3.2% in April, Fueling Interest Rate Hike Expectations

Norways annual core inflation rate climbed to 3.2% in April, reinforcing expectations that the countrys central bank could maintain higher interest rates for a longer period. The latest figures, released by Statistics...

Goldman Sachs Delays Fed Rate Cut Forecast to 2026 Amid Rising Inflation Concerns

Goldman Sachs has pushed back its forecast for U.S. Federal Reserve interest rate cuts, now expecting reductions in December 2026 and March 2027 instead of the previously projected September and December 2026 cuts. The...

ECB Signals Possible Interest Rate Move if Inflation Outlook Fails to Improve

European Central Bank (ECB) governing council member Martin Kocher signaled that the ECB may soon need to adjust interest rates if inflation in the eurozone does not show meaningful improvement. His comments, published...

Indian Stock Market Drops as Iran Conflict Fuels Oil Price and Inflation Fears

Indian stock markets opened sharply lower on Monday as investors reacted to growing concerns over the economic fallout from the escalating Middle East conflict and rising crude oil prices. The Nifty 50 index declined 1.2%...

Politics

US Auto Industry Urges Trump to Block Chinese EV Market Access

As President Donald Trump prepares for a high-profile meeting with Chinese President Xi Jinping, pressure is mounting from U.S. automakers, lawmakers, unions, and manufacturers urging the administration to keep Chinese...

Trump-Xi Summit Sparks Renewed Hope for Americans Detained in China

Families of two Americans imprisoned in China for more than a decade are urging U.S. President Donald Trump to raise their cases during his meeting with Chinese President Xi Jinping. The detainees, Dawn Michelle Hunt and...

Trump Rejects Iran Proposal as Strait of Hormuz Crisis Pushes Oil Prices Higher

Oil prices surged Monday after former U.S. President Donald Trump rejected Irans latest response to a U.S.-backed peace proposal, raising fears that the ongoing Middle East conflict could intensify and further disrupt...

Taiwan Confident in Strong U.S. Relations Ahead of Trump-Xi China Summit

Taiwan Foreign Minister Lin Chia-lung said Monday that Taipei remains confident in the stable growth of Taiwan-U.S. relations as U.S. President Donald Trump prepares for a high-profile visit to China this week. Trump is...

Netanyahu Signals Plan to End Reliance on U.S. Military Aid Within 10 Years

Israeli Prime Minister Benjamin Netanyahu said Israel aims to gradually eliminate its dependence on U.S. military assistance over the next decade while expanding strategic partnerships with Gulf nations. In an interview...

Science

Trump Administration Releases New UFO Files and Apollo Mission Records

The U.S. Defense Department has released dozens of previously classified UFO-related files following an order from President Donald Trump, sparking renewed debate over unidentified anomalous phenomena (UAP) and government...

China vs. NASA: The New Moon Race and What's at Stake by 2030

The space race is back and this time, its a direct competition between the United States and China for dominance on the lunar surface. NASAs Artemis II mission recently made history when four astronauts flew farther into...

NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey

NASAs Artemis II mission launched Wednesday, marking humanitys return to crewed lunar exploration for the first time since the Apollo era. Carrying four astronauts aboard the Orion spacecraft, this historic 10-day mission...

NASA's Artemis II Mission: First Crewed Lunar Journey Since Apollo

NASA's Artemis II Crew Arrives in Florida for Historic Moon Mission

The four astronauts chosen for NASAs Artemis II mission have touched down at Kennedy Space Center in Florida, marking the beginning of final launch preparations for the first crewed lunar journey in over 50 years. NASA...

Technology

Nintendo Shares Tumble as Weak Forecast and Rising Switch 2 Costs Worry Investors

Nintendo shares plunged on Monday after the Japanese gaming giant posted annual earnings that missed analyst expectations and issued a weaker-than-expected outlook for the current fiscal year. The disappointing forecast...

AI-Driven Inflation Raises U.S. Consumer Prices, Goldman Sachs Says

Artificial intelligence is starting to increase U.S. consumer prices through rising costs in electronics, software, and electricity, according to a new Goldman Sachs report. The investment bank said AI-related inflation...

Judge Delays SEC Settlement With Elon Musk Over Twitter Stock Disclosure Case

A federal judge has declined to immediately approve a proposed $1.5 million settlement between Elon Musk and the U.S. Securities and Exchange Commission (SEC) tied to Musks 2022 Twitter stock purchase disclosures. The...

Broadcom Eyes $35 Billion AI Chip Financing Deal With Apollo and Blackstone

Broadcom Inc. is reportedly in discussions with Apollo Global Management and Blackstone Inc. to secure around $35 billion in financing for its expanding artificial intelligence chip business, according to a Bloomberg...

Dell Stock Hits Record High After Trump Endorsement, AI Server Demand Fuels Rally

Dell Technologies Inc. (NYSE: DELL) surged to an all-time high on Friday after receiving a public endorsement from President Donald Trump during a White House event. The president encouraged Americans to go out and buy...